Varanasi: In the run-up to the G20 fourth Sustainable Finance Working Group meeting being organised here under India Presidency, the Reserve Bank of India, Lucknow is also holding various domestic outreach and Jan Bhagidari (JB) programmes in the city. The series of RBI events to promote financial literacy among common masses started from September 10 and continue till Friday
As a part of same initiative held financial literacy programme for school students and teachers at Government Girls Inter College on Wednesday. In his address regional director RBI Lucknow Balu Kenchappa spoke about the importance of financial literacy as well as G20 India Presidency while exhorting upon the importance and benefits of inculcating the habit of saving from an early age.
He elucidated upon the work and role of RBI, as well as highlighted the importance of opening a bank account, features of bank notes, KYC norms, electronic transfer of money, check book facility, Internet and Mobile Banking, UPI, security features of bank notes, ATM etc. He welcomed the participants and urged them to join the banking system so that they can get maximum benefit in their daily lives by availing the social security and other schemes of the government.
DGM (FIDD) RBI Lucknow Rakesh Dubey sensitized the participants about the fraud incidents by phone, e-mails and SMS, Banking Ombudsman scheme including grievance redressal mechanism, etc.
This was followed by an interactive presentation by AGM (FIDD)) RBI Lucknow Markandeya Chaturvedi, who exhorted upon financial literacy initiatives by RBI, delineated the various concepts related to banking and investment, note refund rules, etc. and informed the participants about different types of accounts like savings account, fixed account, current account etc.
A quiz competition was organized, and prizes were distributed among the winners. The program was well received by the participants and booklets on financial literacy were distributed amongst them.
Around 100 students and 40 teachers participated in this program. tnn
